Mark to Market

115: L&T stock is out of slumber, but further upside depends on execution

Episode Summary

L&T’s shares have fired up off late? Investors are appreciating the firm’s efforts to deal with elevated debt and order inflows. Large order wins by the company have helped the stock but worries over margins remain.

Episode Notes

L&T’s shares have fired up off late? Investors are appreciating the firm’s efforts to deal with elevated debt and order inflows.

Large order wins by the company have helped the stock but worries over margins remain.